The US unit of Dutch retail giant Ahold has said it has further integrated its Stop & Shop and Giant Landover operations by appointing an executive team for the combined business.
Marc Smith, currently the president and chief executive of Stop & Shop, will assume the role of president and chief executive of the new organisation, reporting to Ahold USA CEO Bill Grize.
Reporting directly to Smith will be Jose Alvarez, senior vice president of supply chain, Maureen McGurl, executive vice president of human resources, Barry Berman, executive vice president of sales and marketing, Bill Holmes, executive vice president of operations, and Rick Picariello, executive vice president and chief financial officer.
Tom Hippler, current general counsel for Stop & Shop, will be assuming the role of general counsel for Ahold USA Retail reporting to Bill Grize and Peter Wakkie, Ahold/Netherlands chief corporate governance counsel, and will support the new combined Stop & Shop and Giant Landover organization.
Giant president and CEO Dick Baird has announced his decision to retire in July 2004 after more than thirty years with Stop & Shop and Giant-Landover.
As part of Ahold’s ‘Road to Recovery’ plan, the company is creating a new business arena based in the Boston area to combine the administrative and managerial functions of Stop & Shop and Giant Food.